The Houston office of Holliday Fenoglio Fowler, L.P. (HFF) closed the sale of a nine-property self-storage portfolio with facilities in Austin (1), Dallas (2), Houston (5) and San Antonio (1), Texas. The portfolio was listed for $71 million. Harrison Street Real Estate Capital LLC of Chicago purchased it for an undisclosed price.
Built between 1994 and 1998, the properties comprise a total of 551,609 square feet and more than 5,300 units. HFF senior managing director Aaron Swerdlin and managing director Doug McCarron led the investment sales team on behalf of the seller.
HFF operates out of 17 offices nationwide, providing commercial real estate and capital-markets services.